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310-312 Union Ave
Mount Vernon, NY 10550
PRICE REDUCTION!!!! - 10.11% CAP RATE!!!! · Multifamily Property For Sale
·
6 Units


INVESTMENT HIGHLIGHTS
- 8.73% CAP RATE!
- Substantial Upside in Rent Roll
EXECUTIVE SUMMARY
NuRealty Advisors Inc. is proud to present the Exclusive Listing for 310-312 Union Avenue in Mount Vernon. The property is a 6 Unit Multifamily building. Property offers Two 2BRs and Four 4BRs. Gross Income is $179K and NOI is $131K. Property has an 10.11% Cap Rate! A great deal! Principals Only! Contact Team@NuRealtyAdvisors.com or call 914-479-2721.
PROPERTY FACTS
| Price Per Unit | $215,833 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 10.11% | Lot Size | 0.12 AC |
| Gross Rent Multiplier | 8.37 | Building Size | 7,600 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1942 |
| Zoning | DB-Downtown Business - Downtown Business | ||
| Price Per Unit | $215,833 |
| Sale Type | Investment |
| Cap Rate | 10.11% |
| Gross Rent Multiplier | 8.37 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 7,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1942 |
| Zoning | DB-Downtown Business - Downtown Business |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Bay Window
- Crown Molding
- Eat-in Kitchen
- Yard
- Window Coverings
SITE AMENITIES
- Vintage Building
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 3+1.5 | 4 | - | - |
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